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Biden’s 2025 Tax Agenda
  + stars: | 2023-02-11 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
After the November midterm election, President Biden was asked what he would change in his last two years. “Nothing,” he said, and on Tuesday he proved it by reproposing his Build Back Better agenda in different form. This includes more enormous tax increases that he couldn’t get through even a Democratic Congress. Start with a reprise of his “billionaire minimum tax.” This is a version of Sen. Elizabeth Warren ’s tax on wealth that voters rejected in the 2020 Democratic primaries. “No billionaire should pay a lower tax rate than a school teacher or a firefighter,” the President said with no further explanation.
Rep. Jim Jordan argued that federal agencies are handling President Joe Biden and former President Donald Trump's classified documents cases in different ways on NBC News' "Meet the Press" Sunday. The Republican lawmaker, who now leads the House Judiciary Committee, accused the FBI and other agencies of being "weaponized": "The FBI raided the home of a former president 91 days before an election, took the phone of a sitting member of Congress, and on and on." The subpoena was issued 60 days before they actually executed a subpoena.”“And more importantly, the only time the public found out about it is because Donald Trump told the public about it. “They raided Trump’s home. “Because Biden didn’t defy a subpoena, congressman,” Todd pushed back, adding that Trump had 60 days to comply before the FBI executed a search warrant.
President Biden didn’t respond to questions shouted at him about the sensitive documents found in one of his former offices. WASHINGTON—The top intelligence leaders from the House and Senate are asking for fuller accounting of how a set of classified documents ended up at a Washington office used by President Biden after he left his post as vice president. The requests include one from Sen. Mark Warner (D., Va.), chairman of the Senate Select Committee on Intelligence. “We expect to be briefed on what happened,” Mr. Warner said in a statement issued Tuesday.
President Biden didn’t respond to questions shouted at him about the sensitive documents found in one of his former offices. WASHINGTON—The top intelligence leaders from the House and Senate are asking for fuller accounting of how a set of classified documents ended up at a Washington office used by President Biden after he left his post as vice president. The requests include one from Sen. Mark Warner (D, Va.), chairman of the Senate Select Committee on Intelligence. “We expect to be briefed on what happened,” Mr. Warner said in a statement issued Tuesday.
With winter approaching at the penal colony where Griner was being held, Biden faced a singularly presidential decision. Griner’s wife, who arrived in Washington on Wednesday, was invited to an early morning meeting at the White House set for Thursday. Cherelle Griner waited at the White House for a short period of time before it became clear the planned meeting with Sullivan had shifted. The White House described her suffering “intolerable circumstances” during her detention. At the White House, Biden met with Griner’s wife for the first time to show her the letter he was sending in response.
Frustrated by China’s huge trade surplus and accusing it of stealing US intellectual property, former President Donald Trump slapped tariffs on $50 billion of Chinese goods in June 2018. China, with its nearly $18 trillion economy, has in recent years been the main driver of global growth. China responded by slapping tariffs of its own on iconic American products like Harley-Davidson and Jack Daniel’s. Tech curbsBekink said she did not expect any dramatic shifts in trade flows to emerge as a result of the Biden-Xi meeting. US imports of semiconductors from China are 26% lower than before the imposition of 25% tariffs, according to Peterson.
Nationally, 32% of voters in 2022 said their vote was “to oppose Joe Biden.” But 28% said their vote was “to oppose Donald Trump,” even though Trump was out of office. About 30% of Pennsylvanians said their vote was to oppose Biden, while 26% said their vote was to oppose Trump. Only 6% of Biden 2020 voters supported Oz, while 8% of Trump 2020 voters backed Democrat John Fetterman. Nationally, 92% of Biden voters supported Democrats, while 7% peeled off to support Republicans. And 96% of Trump voters backed Republicans, while 3% broke for Democrats, the exit polls showed.
Biden’s New Border Record
  + stars: | 2022-10-24 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
President Biden didn’t mention this at his media event on Friday, but his Administration can take credit for a new record: More than 2.7 million enforcement actions against illegal crossers at the U.S.-Mexico border in fiscal 2022, which ended Sept. 30. Customs and Border Protection released the news Friday without fanfare, and no wonder. The agency tallied 227,547 encounters along the border in September, up 12% from August and 18.5% from a year earlier.
But the Inflation Reduction Act, which represents about a third of the spending, was passed by Democrats alone. The White House is still pushing a more expansive child tax credit that was not included in the Inflation Reduction Act. Here’s a detailed look at what Mr. Biden wanted and what he got:Climate and Environment Proposed $722 billion Passed $509 billionOn climate, the Biden administration got much of what it wanted. Health Care Proposed $563 billion Passed $412 billionOn health care, there were some victories for the president — and much trimming. The family programs were eliminated largely because of concerns from Mr. Manchin about the overall size of what became the Inflation Reduction Act.
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